Sector: Industrials | Industry: Aerospace & Defense |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6801 ROCKLEDGE DR BETHESDA MD 20817 |
Tel: | 1-301-8976800 |
Website: | https://www.lockheedmartin.com |
IR: | See website |
Key People | ||
James D. Taiclet Chairman of the Board, President, Chief Executive Officer | Maria A. Ricciardone Vice President of Investor Relations, Treasurer | Jesus Malave Chief Financial Officer |
Frank A. St. John Chief Operating Officer | Timothy S. Cahill Executive Vice President - Missiles and Fire Control | Stephanie C. Hill Executive Vice President - Rotary and Mission Systems |
Robert M. Lightfoot Executive Vice President - Space Business Segment | Gregory M. Ulmer Executive Vice President - Aeronautics | Maryanne R. Lavan Senior Vice President, General Counsel, Corporate Secretary | H. Edward Paul Vice President, Controller |
Business Overview |
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft. MFC segment provides air and missile defense systems, manned and unmanned ground vehicles, energy management solutions, and others. RMS segment designs, manufactures, services and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, and others. Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. |
Financial Overview |
For the three months ended 31 March 2024, Lockheed Martin Corp revenues increased 14% to $17.2B. Net income decreased 9% to $1.55B. Revenues reflect Missiles and Fire Control segment increase of 25% to $2.99B, Rotary and Mission Systems segment increase of 16% to $4.09B, Aeronautics segment increase of 9% to $6.85B, United States segment increase of 17% to $12.99B, Asia Pacific segment increase of 41% to $1.74B. |
Employees: | 122,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $127,458M as of Mar 31, 2024 |
Annual revenue (TTM): | $69,640M as of Mar 31, 2024 |
EBITDA (TTM): | $10,047M as of Mar 31, 2024 |
Net annual income (TTM): | $6,776M as of Mar 31, 2024 |
Free cash flow (TTM): | $3,164M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $16,628M as of Mar 31, 2024 |
Shares outstanding: | 240,495,447 as of Apr 23, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |